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CHASE Continental OnePlass Card--Keep or Cancel?
I am looking to cancel a few cards in prep for a yearly churn ; I wanted to get some insight from my FT family and see what y'all think of the Chase CO card...shold I keep it or cancel?
I got shafted with this card because I got nailed with an $85 annual fee, which I didnt win the email fight with, and I only got 25K miles as a sign up bonus + 5000 for adding another user (standard op procedure at CHASE these days). Ive had the card now for over a year (just got the two presidents club passes)...I took full advantage of this card and used the Onepass mall for Xmas purchases and cell phone bills, coins, etc....racked up almost a good 20K miles on it. If I cancel, any chance of rentention miles? Any advice? |
I was going to cancel my CO card last month and they gave me 5,000 miles to reconsider.
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since you are talking in the beginning about churning, it does not sound like you may really need this card (unless you want to collect the CO/UA miles or would otherwise pay for the club passes). Churn away ...
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Now that Shop OnePass's Twice the Miles is going away on 7/19 I am not likely to keep the card until the renewal fee comes due.
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its unanimous--off with its head
looks like I got my answer from y'all...I appreciate it.
I have collected about 90K CO/UA miles and I have 160K MR pts that I can always xfer to CO (before Sept 2011)...so I should be good for a first class ticket to anywhere I want on Star Alliance. I'll try for the 5000 pts....wait to get them (if I do get the offer) and still cancel :D |
I just cancelled mine and got the new Chase Sapphire card which will give me 50k CO (or other) miles after 3 months. Came today.
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The only thing keeping me from cancelling my Continental card is the nice primary rental car coverage. I may still cancel it sometime, but that is a very nice feature.
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Cancelling a card can actually hurt your credit rating a little if it's a card that you've had for a few years. If you need to maintain a high credit score you may want to cancel your newest card. Another option is to ask to change to a plan with no yearly fee. You probably won't earn as many miles but you can keep the card.
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Originally Posted by Uh Clem
(Post 16505149)
Cancelling a card can actually hurt your credit rating a little if it's a card that you've had for a few years. If you need to maintain a high credit score you may want to cancel your newest card. Another option is to ask to change to a plan with no yearly fee. You probably won't earn as many miles but you can keep the card.
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Originally Posted by Frenchie Flyer
(Post 16505078)
The only thing keeping me from cancelling my Continental card is the nice primary rental car coverage. I may still cancel it sometime, but that is a very nice feature.
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Cancel the card asap imo. All that should happen is it will convert to a UA card in which will mean you can miss out on signing up bonuses
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Originally Posted by philemer
(Post 16505297)
He said he's only had the card for a little over a year. I say dump it & ask for a prorated refund on the annual fee!!
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Originally Posted by Frenchie Flyer
(Post 16505078)
The only thing keeping me from cancelling my Continental card is the nice primary rental car coverage. I may still cancel it sometime, but that is a very nice feature.
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canceled card
just called and canceled....interestinly, she didnt even offer me a retention bonus....was pretty eager to close the account.
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Originally Posted by mrx900
(Post 16514177)
just called and canceled....interestinly, she didnt even offer me a retention bonus....was pretty eager to close the account.
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